As a customer of Nordea, you have the advantage of being among the first ones in Finland to use this service. The service will become available to you in stages. You are now able to receive SEPA Instant Credit Transfers from European banks.
Nordea transfers the funds to your euro-denominated account immediately once the payment has arrived to Nordea as a SEPA Instant Credit Transfer. No additional fees will be charged - you will receive the funds to your account faster and at the same rate as with SEPA Credit Transfer.
There is a maximum limit of 15,000 euros per single payment which applies to all banks offering the service.
The service is in its initial phase in Europe and the number of participating banks will grow gradually. The banks can decide themselves in what schedule they will start to offer the service.
Benefits to your company
- The use of a new European instant payment service
- Reception of payments from other banks whenever, also on weekends and public holidays
- Immediate reception of funds and improved liquidity management
- The SEPA Instant Credit Transfer amount is transferred to your company’s account in full.
- Same affordable pricing as in SEPA Credit Transfer
- The banks offering the service follow the same common rules when handling SEPA Instant Credit Transfers.